Report post

How many XLM are there?

At present, the total supply stands at 50 billion XLM, and the circulating supply is currently 20.7 billion. In 2019, the Stellar Development Foundation announced that it was burning over half of the cryptocurrency’s supply. This means that it now controls approximately 30 billion XLM.

What drives the price of XLM?

Several factors drive the price of XLM. The first one is the development of the Stellar network. Over time, Stellar has managed to strike key partnerships with leading companies, including IBM, Deloitte, SatoshiPay, Hashcash, and others.

What happened to XLM in 2017?

On May 7, 2017, XLM reached an all-time high price near $0.082. The entire upward move lasted 154 days and amounted to an increase of 5,457%.

Is XLM headed for a rally like 2018?

It has been rising at an accelerated rate over the past two months. If the rate of increase persists, XLM may undergo a rally similar to that which led to the massive moves in 2018. This article will compare the previous market cycles and see how the current upward trend compares.

The World's Leading Crypto Trading Platform

Get my welcome gifts